Lots of possible reasons for the drop today.
But it is definitely worth remembering that a lot of hyped up 4Cs came out today. Money gets transferred around from quiet stocks to hyped up stocks on days like this. You normally see early exits in the morning from stocks like CPV, to jump on something that’s looking like it’ll run on its 4C..
Anyway.. That’s a possible less technical reason if you need a reason.
I honestly think it’ll fill the 28 cent gap and recover.
CPV Chart Thread, page-811
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 (20min delay)
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Last
42.5¢ |
Change
0.005(1.19%) |
Mkt cap ! $102.1M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.0¢ | 42.0¢ | $21.16K | 50.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 75116 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.0¢ | 11000 | 2 |
View Market Depth
| Last trade - 15.54pm 12/09/2024 (20 minute delay) ? |
| CPV (ASX) Chart |